Concerns over auditor independence, healthy work/life balance and low overheads will give smaller firms the opportunity to take work away from the larger firms, argues Chris Biggs, managing director of Theta Financial Reporting

Tougher rules on venture capital investing have seen a £200m fall in the amount companies have raised via the enterprise investment scheme (EIS), and may affect companies looking to recapitalise following coronavirus, according to analysis by Price Bailey

The Financial Conduct Authority (FCA) has identified eight insurance companies who will be asked to participate in a High Court test case over the failure of certain business interruption (BI) policies to pay out for losses incurred as a result of coronavirus restrictions

The richest 20% of UK households are set to save £23bn by mid-June as a result of reduced spending during lockdown, more than six times as much as the savings made by the poorest 20% of households, according to calculations from the New Policy Institute (NPI)

In our regular Q&A series from Croner Taxwise, tax adviser, Kabita Tank explains what conditions need to be met for an employee to claim the tax-free homeworking allowance of up to £6 per week  

Rather than writing off bad debts, businesses should think of their overdue invoices as assets that can unlock vital cash at times of stress, says Azzurro Associates’ Andrew Birkwood

HMRC is holding a two-week consultation on the technical effectiveness of legislation to introduce rules on the taxation of coronavirus business support grants, which will be included in Finance Bill 2020

Top 20 firm Smith & Williamson’s delayed merger with Tilney to create a £45bn integrated wealth management and professional services business is to go head, after the two companies agreed a revised transaction structure and fresh financing

Chancellor Rishi Sunak has announced changes to the government’s coronavirus support schemes, including part time working and a tapered employers’ contribution, and a second grant payment for the self employed

This month's exclusive Accountancy Daily CPD module focuses on cashflow reporting and forecasting by reminding businesses that even in times of crisis 'cash is king', also looking at the nine ICAEW principles for financial professionals on how to adapt cashflow processes, analysis and forecasting during the coronavirus crisis

In this month’s legal updates, Sophie Brookes of Gately Legal considers the issues surrounding new legislation for AGMs and company filings, completion warranties and the meaning of ‘meeting’ in times of social distancing

As latest Treasury figures show 8.4m workers have been furloughed since lockdown began in March, at a cost to government of £15bn, Chancellor Rishi Sunak is expected to announce changes to the scheme, requiring employers to make a contribution